re: Rand doesn't like the tax planPosted by Jyrdis on 10/2/17 at 2:34 pm to Iosh

Reading through the analysis and I think this is where Rand is getting pissy.

quote:In 2018, about 12 percent of taxpayers would face a tax increase of roughly $1,800 on average. More than a third of taxpayers making between about $150,000 and $300,000 would pay more, mainly because most itemized deductions would be repealed

quote:By 2027, taxes would rise for roughly one-quarter of taxpayers, including nearly 30 percent of those with incomes between about $50,000 and $150,000 and 60 percent of those making between about $150,000 and $300,000. The number of taxpayers with a tax increase rises over time

Though, the analysis did mention something about not including dynamic feedbacks--not sure what that is in relation to the analysis--to revenue.